NPR Article on Charlie Munger
I am quoted in this article:
“They complemented each other in their approach to investments in a very nice way,” says David Kass, a finance professor at the University of Maryland.
Munger was a “value investor,” who liked to buy stocks when a company’s share price was low relative to its fundamental value. But he also believed in the power of trusted brands — and in valuing growth.
Munger grew up in Omaha, Neb., not far from Buffett’s childhood home. According to Kass, a local physician introduced them to each other, and “they hit it off immediately.”
Today, Buffett may be better known, but Kass says Munger played a big role in what was a really unique business partnership.